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Markets · Investing · Business
Finance
Jensen Huang Predicted Nvidia Would Collect $1 Trillion in Chip Sales Through 2027. Is Nvidia Still on Pace?
There is enormous demand for Nvidia's chips, but two looming risks could knock the company off course.
During the company's GTC conference in March, Nvidia(NASDAQ: NVDA) CEO Jensen Huang expressed confidence in the company's opportunity in the artificial intelligence (AI) chip market.
"We saw $500 billion of very high confidence demand and purchase orders for Blackwell and Rubin through 2026," Huang said. "I'm here to tell you that right now where I stand ... I see through 2027 at least $1 trillion."
Details
Recent results indicate that Nvidia is very much on pace to hit that target -- but some risks could derail its momentum.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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